4 ms·
But if only Google or similarly sized companies can pay that well, and there’s tons of programmers, obviously the average salary will balance out lower than wha
by phatskat 1y ago
But if only Google or similarly sized companies can pay that well, and there’s tons of programmers, obviously the average salary will balance out lower than what Google pay but will still be competitive to the thousands of programmers who didn’t get hired at Google.
- roncesvalles 1y ago>but will still be competitive to the thousands of programmers who didn’t get hired at Google Why would this be the case? Many programmers join Google or Meta (or similar tier companies) and immediately double or triple their income. Software salaries are famously bimodal and people often transition from the lower mode to the higher mode practically overnight. In fact (and I'm not an economist) I conjecture that the lower mode exists because the upper mode exists. That is, people purposefully don't really care what their salary is (i.e. don't put upward wage pressure) when they're at lower-mode companies because they know one day they'll make the leap to the upper-mode. In other words, the fact that Google-tier companies pay well allows other companies to pay poorly because those guys are just padding their resumes to get a 350k job at Google and don't really care whether Bank of Nowhere pays them $90k or $110k.
- chipsrafferty 1y agoPeople absolutely do care what their salary is. And most people never work at Google...
- roncesvalles 1y agoWell clearly not enough to make the two modes meet.